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Australia’s housing downturn is over

Australian housing values recorded a second consecutive increase last month, after falling -9.1% between May 2022 and February 2023, signalling that the market may have already bottomed out. CoreLogic national Home Value Index (HVI) lifted by 0.5% in April, after a 0.6% lift in the prior month to be 1% higher over the past three months. […]

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